South Plains Food Bank Inc
- Assets
- $26.7m
- Revenue
- $28.0m
- Investments
- $738.7k
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 10/1983
- Data as of
- 09/2023
- EIN
- 75-1904829
Organization Overview
South Plains Food Bank Inc is located in Lubbock, TX. The organization was established in 1983. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Plains Food Bank Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, South Plains Food Bank Inc generated $28.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $26.5m during the year ending 09/2023. While expenses have increased by 8.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SOUTH PLAINS FOOD BANK, INC. IS A HUMANITARIAN RESOURCE RESPONSIBLE FOR SECURING, GROWING, PROCESSING, AND DISTRIBUTING FOOD TO CHARITABLE ORGANIZATIONS AND PERSONS IN NEED. SOUTH PLAINS FOOD BANK, INC. ALSO STRIVES TO PROVIDE OPPORTUNITIES FOR PERSONS TO BREAK OUT OF THE POVERTY CYCLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD DISTRIBUTION: SPFB DISTRIBUTED 11.9 MILLION POUNDS OF FOOD DURING THE FISCAL YEAR. THROUGH ITS NETWORK OF 146 AGENCIES IN 20 COUNTIES, FOOD IS DISTRIBUTED THROUGH ON-SITE PROGRAMS, PANTRY PROGRAMS, AND VOUCHER PROGRAMS. THROUGHOUT THE NETWORK, 78,163 BOXES OF FOOD WERE DISTRIBUTED TO FAMILIES, INCLUDING 19,139 THAT WERE DISTRIBUTED THROUGH THE MOBILE PANTRY PROGRAM TO OUR OUTLYING COMMUNITIES. SPFB WAS IN ITS FOURTH YEAR OF PARTICIPATING IN THE COMMODITY SUPPLEMENTAL FOOD PROGRAM AND 35,044 COMMODITY FOOD BOXES WERE DISTRIBUTED TO SENIORS. CHILD NUTRITION PROGRAMS: SPFB HAS BOTH AN AFTER-SCHOOL FEEDING PROGRAM DURING THE SCHOOL YEAR AND A SUMMER FEEDING PROGRAM DURING THE SUMMER MONTHS. HOT NUTRITIOUS MEALS AND/OR SNACKS ARE SERVED AT THE SITES AND THE CHILDREN ARE PROVIDED MENTORING AND NUTRITION EDUCATION. DURING THE YEAR, 90753 KIDS CAF MEALS AND 47232 SUMMER MEALS WERE PREPARED. IN ADDITION, 6560 SNACK BAGS AND 2400 HOLIDAY BOXES WERE DISTRIBUTED TO CHILDREN IN LUBBOCK AND SURROUNDING AREAS THROUGHOUT THE YEAR. SOCIAL SERVICES PROGRAMS: FOOD STAMPS ARE PROVIDED TO ENSURE THAT THOSE WHO HAVE LONG-TERM FOOD INSECURITY ARE PROVIDED WITH THE AVAILABLE RESOURCES FOR ONGOING HELP. DURING THE YEAR, 1295 APPLICATIONS WERE SUCCESSFULLY FILED. SPFB ALSO CONDUCTS NUTRITION EDUCATION, AND 13000 CONTACTS WERE MADE DURING THE YEAR. THE TOTAL NUMBER OF MEALS PROVIDED THROUGH SNAP AND POUNDS DISTRIBUTED WAS 11.7 MILLION.
FOOD DISTRIBUTION: SPFB DISTRIBUTED 11.92 MILLION POUNDS OF FOOD DURING THE FISCAL YEAR. THROUGH ITS NETWORK OF 146 AGENCIES IN 20 COUNTIES, FOOD IS DISTRIBUTED THROUGH ON-SITE PROGRAMS, PANTRY PROGRAMS, AND VOUCHER PROGRAMS. THROUGHOUT THE NETWORK, 82,703 BOXES OF FOOD WERE DISTRIBUTED TO FAMILIES, INCLUDING 21,615 THAT WERE DISTRIBUTED THROUGH THE MOBILE PANTRY PROGRAM TO OUR OUTLYING COMMUNITIES. SPFB WAS IN ITS FOURTH YEAR OF PARTICIPATING IN THE COMMODITY SUPPLEMENTAL FOOD PROGRAM AND 36,830 COMMODITY FOOD BOXES WERE DISTRIBUTED TO SENIORS. CHILD NUTRITION PROGRAMS: SPFB'S COMMITMENT TO THE COMMUNITY IS EVIDENT IN ITS AFTER-SCHOOL FEEDING PROGRAM DURING THE SCHOOL YEAR AND SUMMER FEEDING PROGRAM. THESE PROGRAMS NOT ONLY PROVIDE HOT NUTRITIOUS MEALS AND/OR SNACKS BUT ALSO OFFER MENTORING AND NUTRITION EDUCATION, SHOWING OUR DEDICATION TO THE HOLISTIC DEVELOPMENT OF THE CHILDREN. IN THE YEAR, 72,937 KIDS CAFE MEALS AND 22,087 SUMMER MEALS WERE PREPARED, ENSURING THAT NO CHILD GOES HUNGRY. SOCIAL SERVICES PROGRAMS: FOOD STAMPS ARE PROVIDED TO ENSURE THAT THOSE WITH LONG-TERM FOOD INSECURITY HAVE THE AVAILABLE RESOURCES FOR ONGOING HELP. DURING THE YEAR, 1,426 APPLICATIONS WERE SUCCESSFULLY FILED. SPFB ALSO CONDUCTS NUTRITION EDUCATION, AND 6,912 CONTACTS WERE MADE DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Audrey Mccool Board Member | Trustee | 1 | $0 |
Benton Kastman Board Member | Trustee | 1 | $0 |
Billie Caviel Board Member | Trustee | 1 | $0 |
Bob Bellah Board Member | Trustee | 1 | $0 |
Bob Ewalt Board Member | Trustee | 1 | $0 |
Byron Kennedy Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,404,019 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,611,600 |
| Noncash contributions included in lines 1a–1f | $18,906,314 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,015,619 |
| Total Program Service Revenue | $581,572 |
| Investment income | $302,849 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,000 |
| Net Income from Fundraising Events | $36,239 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,998,356 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,754,982 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $482,222 |
| Payroll taxes | $249,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,437 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,229 |
| Advertising and promotion | $97,782 |
| Office expenses | $227,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $277,646 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,314 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $845,869 |
| Insurance | $175,038 |
| All other expenses | $181,814 |
| Total functional expenses | $26,485,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,732,472 |
| Savings and temporary cash investments | $2,539,779 |
| Pledges and grants receivable | $539,380 |
| Accounts receivable, net | $415,592 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,400,681 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,310,708 |
| Investments—publicly traded securities | $209,792 |
| Investments—other securities | $738,705 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,677,317 |
| Accounts payable and accrued expenses | $133,958 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $133,958 |
| Net assets without donor restrictions | $26,543,359 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,677,317 |